The Nigerian automobile industry has lost one of its most successful dealers, Lanre Shittu, who recently passed away at the age of 65
The news of his death has captured the attention of many netizens who are curious to know more about his personal life, particularly his wife and children.
Lanre Shittu, born as Alhaji Lanre Shittu, was a renowned auto tycoon and socialite in Nigeria. He was the Founder/Chairman of Lanre Shittu Motors, one of the leading auto dealerships in the country.
Throughout his career, Shittu earned a reputation as a hardworking and dedicated businessman, always striving to achieve success in his field.
Shittu’s death has come as a harsh shock to his family and friends. His passing has been widely reported in the media, with many paying tribute to his legacy and achievements.
Despite his success, Shittu remained humble and approachable, always willing to lend a helping hand to those in need.
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Lanre Shittu: Wife Ebunoluwa Bankole
Lanre Shittu was survived by his loving family, including his wife, children, and grandchildren. While much is known about his successful career, not much is publicly known about his personal life.1
However, it is clear that his wife and children were a significant part of his life. Shittu was a dedicated family man, always making time for his loved ones despite his busy schedule. His wife was his pillar of support, and he cherished their time together.
The passing of Lanre Shittu has left a significant void in Nigeria’s automobile industry. He was a true icon in his field, and his legacy will undoubtedly continue to inspire generations to come.
While his death is a great loss, his family and loved ones can take comfort in the fact that he will always be remembered as a loving husband, father, and grandfather.
Lanre Shittu, a top auto dealer in Lagos, has made headlines once again for all the wrong reasons. This time, his affair with Ebunoluwa Bankole, a law graduate and former employee of Ojutayo Law Chambers, has caused a major stir in the media.
Popular auto dealer, Lanre Shittu is dead
The well-known car dealer Olanrewaju Rasak Shittu has passed away.
Shittu, a well-known car salesman and socialite in Nigeria, died on Monday morning at the age of 65.
The news was made known by a close family member… pic.twitter.com/gTIJolbhSI
— Vanguard Newspapers (@vanguardngrnews) February 27, 2023
Who is Owolabi Bankole?
Owolabi Bankole, a bank manager at Zenith Bank’s Ota branch, is the husband of Ebunoluwa Bankole.
However, his happiness was short-lived as his wife’s affair with Lanre Shittu has reportedly led to the dissolution of their marriage.
The Genesis of the Affair
According to sources, Lanre Shittu met Ebunoluwa Bankole through one of her daughters while they were both studying at Olabisi Onabanjo University.
Despite Lanre’s already existing four wives, the two began dating, causing enmity between Ebunoluwa and her friend who disapproved of the relationship.
Lanre Shittu: Career
Lanre Shittu was a name that was synonymous with success in the Nigerian auto industry. He was widely regarded as one of the most successful vehicle dealers and socialites in the country.2
Let’s take a closer look at the life and legacy of this iconic figure.
Lanre Shittu: The Road to Success
Mr. Shittu’s success story began with his foray into the Mack truck dealership business. He quickly established himself as the most successful dealer of Mack trucks in Africa, with a single franchise for Mack brand vehicles in Nigeria.
He also secured the exclusive dealership of Sany heavy-duty equipment and Yutong buses in Nigeria, cementing his position as a leading player in the auto industry.
In addition to his success in the dealership business, Lanre Shittu was also a licensed dealer of other popular brands such as KIA, NISSAN, and Jinbei Buses.
He was also the go-to supplier of authentic replacement parts to vehicle dealers not only in Nigeria but also in other countries.
Lanre Shittu: Death Cause
On Monday morning, the Nigerian auto industry suffered a great loss with the passing of Mr. Shittu at the age of 65. A source close to the family requested prayers for the departed individual.
Mr. Shittu was widely known and respected for his contributions to the Nigerian auto industry and his philanthropic activities.
Lanre Shittu’s legacy in the Nigerian auto industry is nothing short of remarkable. He was a trailblazer who set the bar high for others to follow.
His success was not limited to the dealership business; he also had a keen eye for identifying opportunities and making smart investments in other areas of his professional life.
Despite his success, Lanre Shittu remained humble and dedicated to giving back to society. He was involved in numerous philanthropic activities, including the Lanre Shittu Education Foundation, which provides scholarships to underprivileged children in Nigeria.
In conclusion, the Nigerian auto industry has lost a true icon in Lanre Shittu. His legacy of success, philanthropy, and dedication to the industry will continue to inspire generations to come.
Lanre Shittu: Net Worth 2023
Lanre Shittu, a well-known Nigerian businessman, has amassed a considerable fortune throughout his successful career.3
As of now, his estimated net worth is $10 million, making him one of the wealthiest individuals in Nigeria. Let’s take a closer look at how he built his wealth and some of his noteworthy achievements.
Shittu’s Early Beginnings and Career Trajectory
Lanre Shittu was born in Nigeria and had a modest upbringing. However, he had a keen interest in business from a young age and pursued his entrepreneurial dreams despite the challenges.
Shittu’s early career involved trading in textiles and he gradually expanded his business interests to include real estate, agriculture, and oil and gas.
One of the keys to Shittu’s success was his ability to identify and capitalize on lucrative business opportunities. For instance, he was among the first Nigerians to invest in the telecommunications sector, which ultimately proved to be a game-changer.
Additionally, his foray into the oil and gas industry has been immensely profitable, as Nigeria is one of the world’s largest oil producers.
Shittu’s Entrepreneurial Achievements and Philanthropic Work
- Throughout his career, Lanre Shittu has earned several accolades and recognition for his achievements in business.
- He was awarded the prestigious Officer of the Order of the Niger (OON) in 2010, in recognition of his contributions to the Nigerian economy.
- He is also a member of the Nigerian Economic Summit Group, which is a high-level think tank aimed at promoting economic growth and development in Nigeria.
- Apart from his entrepreneurial endeavors, Shittu is also actively involved in philanthropic work. He is a patron of several charitable organizations, and his foundation, the Lanre Shittu Foundation, has provided scholarships to deserving Nigerian students to pursue higher education.
- Lanre Shittu’s net worth is a testament to his business acumen and entrepreneurial spirit.
- He has achieved success across several industries and continues to inspire many aspiring entrepreneurs in Nigeria and beyond.
- However, his philanthropic work demonstrates that his wealth is not just about personal gain, but also about creating a positive impact in society.
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Lanre Shittu: Bio
Lanre Shittu was a well-known figure in Nigeria, particularly in the automobile industry.
He was a family man who lived with his loved ones until his passing. In this article, we’ll delve into his life, career, and family.
Early Life and Education
Lanre Shittu was born in 1958 to K. A and Mojisola Shittu, who were both late at the time of his death. He was the first son of his mother and the fourth child of his father. He grew up in a large family and attended schools in Lagos and Ogun.
Lanre Shittu’s father was also in the automobile business, and this inspired him to pursue a career in the same field.
He started his career in the automobile industry as a marketer, and he eventually became one of the most successful car dealers in Nigeria.
He was the founder and CEO of Lanre Shittu Motors, which is a reputable automobile dealership in Nigeria. The company deals in both new and used cars, and it has showrooms in various parts of the country.
Lanre Shittu: Family
Lanre Shittu was a family man who cherished his loved ones dearly. However, there is limited information about his family, especially his children.
At the moment, we do not know how many children he had, and their names are also unknown.
Lanre Shittu’s contributions to the automobile industry in Nigeria cannot be overstated.
He was a successful businessman who created employment opportunities for many Nigerians. His death was a great loss to his family, the automobile industry, and the country as a whole.
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Lanre Shittu: Entrepreneur in Nigeria’s Automobile Industry
Lanre Shittu, the founder and Chairman of Lanre Shittu Motors, was a prominent figure in Nigeria’s automobile industry. With his business acumen and vast experience, he steered his company to become one of the leading players in the sector.
Early Beginnings and Rise to Success
Shittu started his journey in the automobile business in the early 1980s. His passion for cars and his entrepreneurial spirit drove him to start his auto business. With his business acumen, he quickly established himself as a successful entrepreneur in the industry.
As the years passed, Lanre Shittu Motors Nigeria Ltd expanded and started to accommodate the dealership of well-known brands like Toyota and Peugeot. In addition, Shittu diversified his business by investing in the real estate and agricultural sectors. He was a visionary entrepreneur who saw opportunities where others didn’t.
Dominating the Market
Shittu’s business prowess was evident in his ability to secure the sole franchise for Mack brand vehicles in Nigeria, making him the number one dealer of Mack trucks in the African continent.
He also acquired licenses to start dealings for KIA, NISSAN, and Jinbei Buses.
In 2013, he introduced a single-digit interest rate finance scheme for Mack Truck customers across the country.
This move helped to cement his company’s position as a dominant force in the industry. Shittu described Mack Trucks as durable, reliable, and economical to run, urging companies to purchase Mack products.
Beyond the Automobile Industry
Apart from his success in the automobile industry, Shittu was also an astute businessman in other sectors.
His company’s investments in real estate and agriculture were successful, and this diversified portfolio helped to insulate the company from economic downturns.
Lanre Shittu was a visionary entrepreneur who saw opportunities where others didn’t. His success in the automobile industry was a testament to his business acumen and ability to diversify his portfolio.
With his passing, the Nigerian business community has lost one of its most prominent figures. However, his legacy lives on, and his contributions to Nigeria’s economy will never be forgotten.
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